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Offchain Labs Chief Scientist Ed Felten argues layer 2 networks can thrive alongside Ethereum's base layer scaling efforts, citing design flexibility advantages that keep them relevant despite recent criticism.
OnePay, the Walmart-backed superapp, now supports over 20 crypto tokens after expanding beyond its January launch with Bitcoin and Ethereum. The platform added SUI, Polygon, Arbitrum, Solana, Cardano, Bitcoin Cash, and PAX Gold to reach its new total.
On March 12, an MEV bot arbitraged a massive token swap across Uniswap and SushiSwap pools, extracting ₱2.08 billion ($34.8 million) in value while the trader received just 327.24 AAVE tokens now worth $36,100 from their ₱3.01 billion ($50.43 million) input.
Uniswap tokenholders voted Thursday on expanding the fee switch to eight layer 2 blockchains including Base and Arbitrum. The protocol has burned almost 100 million UNI since the mechanism launched in late December.
Starboard Value sent a letter to Riot Platforms demanding faster progress on converting Bitcoin mining sites into AI data centers. The activist shareholder, which owns 3.5% of Riot, warned the company could become a takeover target if it doesn't move quickly.